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Just go to the bank...
Posted by BillZ (more from BillZ) on Sun, 11 Dec 2005 12:39:30
In Reply to: OT - info wanted on buying a foreclosure, Dan in NY, Sun, 11 Dec 2005 11:51:59
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You don't need a realtor, just go to the bank that holds the mortgage and negotiate with the officer in charge of REO (real estate owned). They want to get it off their books asap so a qualified buyer can make a great deal. The previous post has good suggestions too, concerning title insurance, etc.
Run the final deal past an attorney before you close to make sure you are protected. Good Luck
Posts in this Thread:
- OT - info wanted on buying a foreclosure, Dan in NY, Sun, 11 Dec 2005 11:51:59
- BTW, you do not say who is selling since you, DER, Mon, 12 Dec 2005 21:41:38
- Doubt all that info was NY procedure abt the title, DER, Mon, 12 Dec 2005 21:27:13
- Thanks {was OT - info wanted on buying a foreclosure}, Dan in NY, Mon, 12 Dec 2005 06:00:45
- go to the assessors office in the county in which the.., baggsly , Sun, 11 Dec 2005 19:56:37
- Re: OT - info wanted on buying a foreclosure, Rafe, Sun, 11 Dec 2005 19:45:35
- House is a huge purchase, and a thereby a huge risk., DER, Sun, 11 Dec 2005 17:50:49
- Just go to the bank..., BillZ, Sun, 11 Dec 2005 12:39:30 <-- Viewing This Message
- Re: OT - info wanted on buying a foreclosure, GM, Sun, 11 Dec 2005 12:08:57
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